This property might be a fair Long-Term investment with a projected 8.29% first-year return on $25,200 initial cash invested.
8.29%
Cash On Cash
9.17%
Cap Rate
1.36
DSCR
$1,396
Rent
$174
Cashflow
Cash Flow
$1,396 income − $1,222 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,200
Downpayment
20%
$24,000
Closing costs
1%
$1,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,396
Total Expenses
$1,222
Mortgage P&I
48%
$673
Property Taxes
10%
$143
Home Insurance
3%
$42
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0